leases provided with rent control as well as funds going to the affordable housing funds and property taxes going to the city when units eventually turn over, no one loses. id ask the committee make decisions based on the facts and support homeowners support those protected and put money in the coffers which will help everyone. thank you, supervisors wiener and farrell for your proposal of balanced legislation. thanks for letting me speak too. >> chair wiener: thank you very much and thank you for being honest. next speaker. >> high there. i'm a san francisco resident for 13 years. i'm a t.i.c. owner and previous renter for many years. all of my co-owners in my six unit t.i.c. were once renters also. we are not opposed to rent control. i just wanted to make that clear. the lottery system is so outdated and overburdened and with the current backlog it may be over 10 years before being eligible for conversions. we're not trying to make a quick buck because our units have lost a significant amount of value since we purchased. we're previous renters who are looking to purchase a home to have st